Question:medium
Which of the following statements defines the term 'Capital' more appropriately?
Which of the following statements defines the term 'Capital' more appropriately?
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To distinguish between Land and Capital, remember: Land is a free gift of nature (natural resource), whereas Capital is always 'produced means of production' created by human efforts.
Updated On: Jul 13, 2026
- Capital is a flow concept.
- Capital is the asset created by human efforts and not available in a natural form.
- Capital is the same as money.
- Capital is comprised of only tangible assets.
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The Correct Option is B
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